U.S. crude climbed more than 1 percent on Thursday being supported by reports indicating a decline in initial unemployed claims last week and an increase in housing which began in December and following worries about an attack by Islamist militants on an Algerian gas plant.
read more... 18/01/2013
German utility RWE has launched a carbon capture pilot project at the 1,560MW Aberthaw coal and biomass-fired power plant in Wales.
read more... 18/01/2013
Brent and U.S. crude oil futures settled higher on Wednesday supported by Energy Information Administration's (EIA) weekly inventory report showing a decline in U.S. crude last week.
read more... 17/01/2013
EDF Energy has recently announced that its eight nuclear power stations produced 60 TWh of electricity output, beating a new record of production, the highest in seven years.
read more... 17/01/2013
The Organization of Petroleum Exporting Countries (OPEC) is forecasting that the demand for its crude to slash because of an ample production from main competitors, showing that the inventories could significantly bolster despite a massive cut in output by top exporter Saudi Arabia.
read more... 17/01/2013